HSBC develops its Onshore Investment Bond
www.moneynews.co.uk > General finance > HSBC develops its Onshore Investment Bond
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HSBC develops its Onshore Investment Bond
Tue 13th Apr 2010
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Antony Champion, head of intermediary sales at HSBC Life, made his comments after it was announced that several major international SICAV funds have been made available for consumers utilising the Onshore Investment Bond.
He stated: "This is part of the ongoing development of the Bond for intermediaries and further demonstrates its flexibility for advisers' financial planning requirements."
This change will be appearing in performance tables this month and was made as a result of suggestions that advisors may be looking to increase their use of SICAVs over the next five years.
Last month, head of investments, savings and pensions at HSBC David Wells predicted that the Isa allowance could be increased to £10,400 in the tax year 2011/12, following on from the rise to £10,200 for the next 12 months.
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Related News : General finance |
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Related News : HSBC |
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